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by philihp
1509 days ago
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Noncustodial bitcoin wallets are still wallets. The function of a wallet is to keep your money secure and facilitate sending it to others. Having a bank be a proxy to this is both absurd and normal. Users should be aware and make a conscious decision about where their keys are kept, however this is usually something that doesn't matter until they either lose their phone or law enforcement freezes/seizes their money. It's pretty high up on Maslow's hierarchy of financial freedom. |
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Do you have evidence that the money secured by Chivo is actually 'secure.' If not then it fails to meet your own definition of a wallet. It's the constant HN semantic argument ("well it lets you log into something to trade something that isn't actually bitcoin but you could get bitcoin eventually so therefore it's a bitcoin wallet!!!") Yes if you want to play semantic games my work computer (sans bitcoin software) is also a bitcoin wallet because I can access my online banking which in turn allows me to, eventually, get bitcoin after a number of operations.
Having credentials that in turn allow you to trade on the lightning network that in turn allows you to get bitcoin does not a bitcoin wallet make.